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cnbc.com
The cyclosporiasis outbreak linked to Taco Bell is hitting some restaurant stocks, but don't expect a long-term impact
Taco Bell, which the CDC linked to the cyclosporiasis outbreak, will likely recover soon from the health safety scare, according to analysts.
cnbc.com
Chinese AI has leveled up, and brought renewed focus on the open weight model shift
It's the latest AI model from China to close the performance gap with leading U.S. AI labs.
cnbc.com
SpaceX stock has cratered nearly 23% since the company joined the Nasdaq-100
SpaceX's stock plunged further on Friday, a day after it aborted a test flight for its Starship rocket at the last second.
cnbc.com
Iraq and Syria sign agreement to restore oil pipeline that would provide alternative to Strait of Hormuz
Iraqi Prime Minister Ali al-Zaidi is visiting the U.S. this week. He met with President Donald Trump at the White House on Tuesday.
cnbc.com
Apple, Nvidia vie for title of world's most valuable company
Nvidia shares have underperformed in 2026 as Wall Street shifts to companies powering the infrastructure AI buildout.
theguardian.com
CDC and FDA link lettuce at Taco Bell in five states to cyclospora outbreak
FDA investigation identified a single supplier of the lettuce, but federal warnings did not name the companyFederal health officials have identified lettuce from Mexico served by Taco Bell locations across five US states as a source of the widespread outbreak of the diarrhea-causing parasite cyclospora.The Centers for Disease Control and Prevention (CDC) confirmed the source late on Thursday and warned consumers not to eat shredded iceberg lettuce from Taco Bell restaurants in Indiana, Kentucky, Michigan, Ohio and West Virginia. Continue reading...
cnbc.com
Anthropic in early talks with Meta to acquire compute power
The talks come weeks after Anthropic announced a similar deal with Elon Musk's SpaceX to use the computing capacity at its Colossus 1 data center
cnbc.com
Epstein victims blast Trump attorney general nominee Todd Blanche after meeting
"Todd Blanche treated the meeting as a mere 'check-the-box' exercise intended to secure votes for his confirmation," said Epstein survivor Dani Bensky.
cnbc.com
Economic outlook is worsening and Trump is getting blamed, CNBC survey finds
The public is as depressed about the economy as it has been since the years just after the pandemic, according to the All-America Economic Survey.
cnbc.com
Oil prices rise after Kuwait says Iran attacked water desalination and power plant
Fighting between the U.S. and Iran escalated.
cnbc.com
Oil tankers face 'worst case scenario' in Hormuz as Iran steps up attacks on ships, maritime risk CEO says
One seafarer was killed and three were injured in attack on the crude oil tanker Al Bahyah off Oman's coast on Tuesday.
bbc.co.uk
Why women should speak openly about money
Emma joins Nuala McGovern to discuss her book Start With Yourself: A New Vision for Work and Life.
cnbc.com
Iran says civilian infrastructure hit by latest U.S. strikes, expands attacks to Syria, Bahrain
The escalating standoff comes as the fragile truce signed by the U.S. and Iran last month showed further signs of unravelling
theguardian.com
Berry tough: Ribena seeks to make hardier blackcurrants to beat extreme weather
£200,000 investment comes after harvests in Britain hit by wet winter, spring frost and hail, then heatwavesThe owner of Ribena is to invest £200,000 in helping blackcurrant bushes withstand stress after extreme weather put a squeeze on this year’s UK harvest.That harvest is now under way in the berry’s main growing regions including East Anglia, Gloucestershire, Herefordshire, Kent and Scotland. It is expected to be about 10% below the average of 10,000 tonnes, as the climate crisis drives extreme weather across Britain and elsewhere. Continue reading...
bbc.co.uk
China's Moonshot AI claims Kimi K3 can rival OpenAI and Anthropic
The company has unveiled a massive new artificial intelligence model it says can take on top American firms.
bbc.co.uk
China hits out at British Steel nationalisation
The UK government said taking the firm into public hands would safeguard "a vital national capability".
bbc.co.uk
Brewdog founder faces data complaints over efforts to buy back firm
The UK data watchdog has received complaints after James Watt reportedly contacted former shareholders.
theguardian.com
South East Water warns over survival as funds dry up
Supplier to 2.4m customers says it doesn’t have enough money to last beyond July 2027 South East Water has warned there is “material uncertainty” over its survival, after a disastrous year in which the lossmaking company paid millions of pounds in fines and its chief executive was forced out.The water supplier to 2.4 million customers said it had sufficient funds to make it through to July 2027. However, “shortly after” the utility will need “new loan facilities in order to continue as a going concern”, it said in its annual report published on Friday. Continue reading...
theguardian.com
Europe’s most effective tool to cut greenhouse gas emissions ‘risks being weakened’
European Commission proposal to overhaul emissions trading system would give companies less demanding pathway to reductionsEurope’s most effective method of cutting dangerous planet-heating gases risks being weakened after the European Commission proposed an overhaul of its flagship carbon market, critics have said.In a long-awaited review of the European Union emissions trading system (ETS), the European Commission proposed giving companies a less demanding and cheaper pathway to reduce greenhouse gas emissions. Continue reading...
theguardian.com
Intercity rail passengers face summer disruption amid slashed services and strike votes
East Midlands Railway cancels trains on Midland mainline, as drivers on LNER and Avanti West Coast ballotIntercity rail travellers face potential disruption this summer across Great Britain’s three north-south mainlines, with drivers voting on strike action on two lines and timetables slashed on the other owing to malfunctioning trains.East Midlands Railway announced it will cancel hundreds of services in the coming weeks from its intercity timetable on the Midland mainline, because of continued problems with its fleet of Hitachi trains. Continue reading...
bbc.co.uk
What are your rights if you buy something that breaks?
Martin Lewis explains why you should go back to the item's retailer, not the manufacturer.
cnbc.com
Chinese automakers are taking on the UK — and many Brits are embracing it
The surge comes as China's auto exports have boomed in recent years as the country's appetite for new models has cooled.
cnbc.com
World’s largest olive oil company says market has 'definitively' entered new phase
The update comes as analysts raise concerns about the prospect of global olive oil supplies swinging dramatically from one season to the next.
theguardian.com
Apple dethrones Nvidia to regain title of world’s most valuable company
Shift in pecking order illustrates that investors are reassessing outlook for artificial intelligenceApple overtook Nvidia on Friday to become the world’s most valuable company, reshuffling the top ranks of tech heavyweights as investors reassess the outlook for artificial intelligence.Apple was last valued at $4.88tn as its shares held steady, while Nvidia was roughly at $4.86tn, after a 3.5% decline. Continue reading...
cnbc.com
Amazon's Zoox issues software recall after robotaxi drove into heavy smoke
Last month, an unoccupied Zoox robotaxi drove into an active emergency fire scene that was clouded with smoke, the company said.
cnbc.com
Fighter jet maker Saab smashes expectations as CEO urges procurement rethink
European governments ramp up defense spending and book orders with the region's companies.
theguardian.com
How Burnham’s team could reshape the Bank of England
Taking a fresh look at the Bank’s role would send a strong signal that a Burnham government is prepared to do things differentlyWhen Louise Haigh – then a lowly backbencher – wrote a policy prospectus for the leftwing Renewal journal back in May, it contained a little-noticed nugget: a rethink of the Bank of England’s mandate.Haigh, who quit as transport secretary in 2024 after it emerged she had been convicted of fraud over a missing work phone, is back in frontline politics as a linchpin of Andy Burnham’s operation. Economists are now asking whether the Bank, and the mandate it gets from the chancellor to solely target stable prices, will be in the new administration’s sights. Continue reading...
cnbc.com
Seven & i shares end 3.6% higher on report of stake talks with Polish convenience chain Zabka
Shares of Seven & i Holdings Co. jumped after a report said the company was looking to buy a stake in Poland's Zabka Group.
cnbc.com
Import prices post surprise gain as costs of goods from China hit highest since 2008
Import prices were up 0.3% for the month, as a drop in energy was more than offset by increases elsewhere.
bbc.co.uk
Why are UK fuel prices rising again?
UK fuel prices are going up again after the collapse of peace talks to end the US-Israel war with Iran.
theguardian.com
Beijing’s message to the world’s tourists: come here and judge China for yourselves | Zichen Wang
By relaxing visa rules, Beijing has two things on its mind – boosting its economy and improving its self-imageWalk through central Beijing today and one thing quickly becomes apparent: foreigners are back. They are taking photos outside the Forbidden City and sitting in cafes around Gulou and Sanlitun. The shift is visible online, too; YouTube is increasingly filled with videos titled “China Shocked Me” or “My First Week in China”. Most of the creators are tourists, not China specialists or journalists, and many of them are encountering the country for the first time.The resurgence is striking because to many outside observers China’s story has become one of closure and increased security – of intensifying strategic rivalry with the west, expanded anti-espionage enforcement and increasingly constrained foreign reporting, including the withholding and revocation of visas for US journalists. Yet on the ground, another story is unfolding. When it comes to its relationship with the rest of the world, Beijing increasingly appears to be betting on direct exposure: come to China and judge for yourself.Zichen Wang is deputy secretary-general at the Center for China and Globalization, a thinktank in Beijing. This article was co-written by Hao Wu, an assistant professor at the School of International Studies at Peking UniversityDo you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading...
theguardian.com
Hot tubs and £80 rosé: how the mud-soaked British festival got a luxury makeover
Struggling industry seeks to capitalise on Gen Z’s willingness to spend on experiences and comfortIt had always been the great British festival way: greasy burgers and warm beer, retch-inducing toilets and the descent into dishevelment as roughing it takes its toll.But a generation of festivalgoers has emerged who are willing to splash the cash to inject luxury into the experience. This summer, there are signs the under-pressure industry is ramping up its offer, from gleaming private toilets and “pamper parlours” to fine dining, hot tubs, saunas and even a “cold waterfall drench” to keep refreshed. Continue reading...
cnbc.com
Inside the Chinese fraud rings stealing billions from banks and retailers
Chinese organized crime groups are making as much as $1 billion annually in tap-to-pay fraud schemes targeting retailers and banks.
theguardian.com
Jackdaw gasfield would create only 27 direct full-time jobs, documents show
Campaigners say field will bring minimal benefit for UK economy, as industry lobbies Burnham for go-aheadMore people can fit on to the top deck of a standard London bus than will be directly employed on the new Jackdaw gasfield in the North Sea, industry documents show.Only 27 direct full-time jobs would be created by Jackdaw, one of the biggest gasfields remaining in the North Sea, according to an environmental impact assessment filed publicly by its owner, Adura, a joint venture between Shell and Norway’s Equinor. Continue reading...
cnbc.com
ConocoPhillips to buy 42% stake in Iraqi unit from BP as U.S. seeks to weaken Iran's energy hold
BP and ConocoPhillips are set to announce billions of dollars of new investments in Iraq on Friday.
theguardian.com
Smart glasses are deeply creepy. Why are celebrities like Kylie Jenner endorsing them?
Meta touts safety features – but for women, the dangers of these recording devices are obviousImagine if every time you left the house, you couldn’t be sure that the stranger you met at a bar – or even the person walking by you in the street – wasn’t secretly recording you. It sounds like something out of a Black Mirror episode, but let’s face it, the era of wearable technology is fully upon us as everyday accessories have been developed to help track health and fitness data, receive smartphone notifications, and provide hands-free accessibility.So when Meta announced their AI glasses a few years ago, it wasn’t too surprising that one of the biggest (and most embattled) tech companies on earth had begun cashing in on our obsession with watching others. And their AI glasses have already raised serious concerns over privacy, personal safety and even our sense of agency. Continue reading...
theguardian.com
How do you actually shop local in New York City?
Shopping local ensures a future for cultures and communities, says Caroline Weaver, creator of the Locavore Guide digital directory When I signed the lease for my new apartment in Brooklyn, the relief of having survived the brutal New York City real estate market was short-lived when my next task became clear: I needed to furnish the place.My first instinct was to check everything off my list by shopping online. But the thought of waiting for deliveries and unboxing an endless mountain of packages seemed exhausting. And, I was moving to New York, where the streets are lined with a seemingly infinite number of stores. Continue reading...
cnbc.com
U.S.-China AI feud sees ASML walk tightrope between sales and geopolitics
ASML is set to make around a fifth of its 2026 net sales from China, but geopolitical headwinds present a delicate situation.
bbc.co.uk
The financial winners and losers from the World Cup
Big bucks are being made from the 2026 tournament off the field, but who is raking in the most, and who is losing out?
cnbc.com
Trump doubles down on 2020 election claims in national address, alleging China meddling
Trump also repeated his calls for the Republican-led Congress to pass the "SAVE America Act," a controversial election bill that lacks support to pass.
theguardian.com
‘Laws were broken’: multistate effort to stop Paramount’s $111bn merger heads to court
Attorneys general from 12 states are suing to block the Paramount-Warner Bros deal they say violates antitrust lawA last-ditch effort to block the merger between Paramount Skydance and Warner Bros Discovery (WBD) is heading to court as 12 Democratic state attorneys general attempt to stop the $111bn deal they say violates antitrust law and reduces competition in both the film and cable television industries.The lawsuit, which was filed on Monday, faces a crucial hearing on Friday to determine if a judge will temporarily pause the deal or allow it to continue toward approval. The merger was already approved by the Department of Justice in June. Continue reading...
bbc.co.uk
Why has British Steel been nationalised?
The UK's only remaining plant making virgin steel has been taken into public ownership after years of uncertainty over its future.
bbc.co.uk
Who is the frontrunner to be the UK's next chancellor?
Andy Burnham will be moving into Downing Street next week, and a question remains over who will be his neighbour in Number 11.
theguardian.com
‘Adversarial clothing’: are garments designed to confuse facial recognition systems about to go mainstream?
Designers say that as well as offering a degree of protection from surveillance, their clothes make a powerful fashion statement about the importance of privacyAs facial recognition technology is rolled out across Britain’s public spaces, a new generation of designers say privacy could be the next big fashion trend.Companies have started incorporating “adversarial patterns” in their garments – carefully designed arrangements of shapes, colours and repeated motifs said to exploit weaknesses in some computer vision systems. Continue reading...
theguardian.com
‘Brazen corruption’: critics denounce Trump Media plan to sell priority access to Truth Social posts
Move would allow Wall Street trading firms and other institutions to potentially profit from seeing president’s posts firstDonald Trump’s media company is planning to charge for special high-speed access to Truth Social posts, including possibly his own, affecting national security and financial markets.The move announced on Thursday would allow Wall Street trading firms and other institutions to get news first from top Truth Social contributors so they could profit off subsequent moves in stocks, bonds and interest rates. Continue reading...
cnbc.com
SoftBank sinks over 9% as Asia chip stocks track Wall Street AI sell-off
The declines followed another weak session for U.S. technology stocks, with the Nasdaq Composite falling 1.47% as semiconductor shares came under renewed pressure.
bbc.co.uk
Trump Media to sell instant access to 'market-moving' social posts
Trump Media is launching a fast, paid feed to its most influential posts for Wall Street traders.
theguardian.com
‘I don’t think I’ll ever retire’: the workers struggling to save for old age
Almost half of working-age adults in the UK do not save into a pension. Four readers explain why they fear for the future“I am 35 and have essentially nothing saved for my future, which is a huge concern.” Sarah* works in library services in Oxford – full-time at one library and part-time at another. She has saved £5,000 into her pension.After finishing her PhD in 2020, she said she had “good intentions of contributing to pension schemes. But because I then had a succession of part-time jobs, I never started. I never thought, this is a job I’ll be doing for long enough.” Continue reading...
theguardian.com
China ‘strongly dissatisfied’ with nationalisation of British Steel
Move dealt ‘severe blow to Chinese companies’ confidence in investing in the UK’, says Ministry of CommerceChina’s government has said it is “strongly dissatisfied” with the decision to nationalise British Steel this week, 15 months after the UK government intervened to prevent the closure of its steelworks in Scunthorpe and the loss of 4,000 jobs.On Thursday, British Steel was brought under public ownership to protect “the future of steel production”, the government announced. Continue reading...
theguardian.com
Andy Burnham’s difficult first cabinet – a visual guide to the options and dilemmas
The Makerfield MP enters No 10 as prime minister on Monday. But who will he choose to join him at the table?Keir Starmer is expected formally to resign as prime minister on Monday morning at Buckingham Palace, with Andy Burnham being invited to take on the role shortly afterwards. Once back in Downing Street mid-morning, Burnham will begin assembling his cabinet. Continue reading...
bbc.co.uk
'Volunteering with food charity saved me from loneliness'
FoodCycle takes surplus food and turns it into three-course meals served to the community.
cnbc.com
Xi pitches China as AI partner to developing world, warns against risks and security overreach
China will provide developing countries with 5,000 opportunities in AI training and seminar programs, as well as develop AI cooperation with various blocs.
cnbc.com
CNBC Daily Open: Trump lashes out at electoral system and China in fiery speech
President Trump is doubling down on his 2020 election rigging claims, alleged Chinese interference, and on access to information via a new API product.
theguardian.com
‘How’s this joker got my details?’: BrewDog founder faces complaints over emails to ‘equity punks’
Exclusive: Watchdog asked to look into how James Watt got data of ex-crowdfunders he invited to join buy-back bidJames Watt, the BrewDog founder who sold the debt-laden “punk” brewer earlier this year, is the subject of complaints to the UK’s data privacy watchdog linked to his surprise bid to buy the company back, the Guardian has learned.BrewDog’s brand, intellectual property, UK breweries and 11 bars were sold to the US cannabis and drinks firm Tilray in March for £33m, in a deal that rendered the shares of more than 200,000 crowdfunding investors worthless. Continue reading...
theguardian.com
Homes to rent before buying in cities in England and Scotland – in pictures
From a flat on the ninth floor of a 34-floor skyscraper on Liverpool’s waterfront to a mid-terrace cottage in Norwich Continue reading...
theguardian.com
No deposit, no problem: the new 100% mortgages for first-time buyers
Banks and building societies have started relaxing affordability rules and becoming more creative with productsFor many first-time buyers, getting their foot on the property ladder can feel like an impossible dream. However, the good news is that there are a growing number of mortgage deals that require only a small deposit, or no deposit at all.Metro Bank is the latest high street lender to launch a deal that allows eligible first-timers to borrow up to 100% of the value of a property. Home loans that let people borrow 100% have been making a bit of a comeback – they were once fairly commonplace but were axed after the 2008 financial crisis. Continue reading...
bbc.co.uk
Five headaches Andy Burnham will have to deal with as PM
From defence spending to housing - the next UK leader has a series of challenges to deal with.
bbc.co.uk
How do you split the bill with friends?
Hands down the worst part of going out for dinner.
theguardian.com
EU border chaos feared at Dover crossing as busiest summer weekend looms
British domestic holidays are being pushed to their highest levels since CovidThe start of the peak summer season is set to bring millions of drivers on to British roads, with concerns of traffic chaos as the port of Dover faces its biggest test yet of new EU border controls.The semi-functioning entry-exit system (EES) is credited, along with the heatwaves and fears about flights after the war in Iran, with helping push British domestic holidays to its highest levels since Covid halted international travel. Continue reading...
bbc.co.uk
Burnham's 'Manchesterism' got him to No 10 - but will it work for the UK?
Economics editor Faisal Islam examines whether the north-west city can be a template for the entire country.
theguardian.com
‘There’s this deep mystery of what, actually, is this thing?’: the philosopher inside Google DeepMind AI – podcast
Since 2017, Iason Gabriel has worked at the tech giant, trying to anticipate – and think through – the impact of AI. But as commercial and geopolitical pressures escalate, can ethicists make any difference?By Robert P Baird. Read by Simon DarwenRead the text version hereSupport the Guardian today: theguardian.com/longreadpod Continue reading...
cnbc.com
India's biggest IPO this year rakes in bids worth $31 billion, powered by institutional frenzy
The IPO of India's largest asset manager closed on Thursday, drawing keen interest from institutional investors.
cnbc.com
One of China's top investors says finance, not AI, is the country's biggest bottleneck
Finance would be China's weak point in a prolonged rivalry with the U.S. which has the world's deepest capital market, says Primavera Capital founder Fred Hu.
bbc.co.uk
I wouldn't marry him until he paid off his debt, now I'm in charge of our money
Sarah and her husband have shared one account for 25 years, but she says managing it falls to her.
theguardian.com
Thousands of Google workers demand layoff protections amid AI boom in petition to CEO
The petition to Sundar Pichai, the CEO, included more than 4,500 signatures and included calls for buyout optionsGoogle workers on Thursday delivered a petition calling for layoff protections as tech giants continue to slash their workforces while pouring billions into AI.“Make no mistake: this is a company that is enjoying massive, unprecedented success,” Parul Koul, Google software engineer and Alphabet Workers Union president, said outside the company’s California headquarters after delivering the petition to the office of the CEO, Sundar Pichai’. Koul pointed to Google’s $4tn valuation, which has quadrupled over the last six years: “These layoffs and cuts are not difficult decisions, but simply profit being put over the people that make this company run.” Continue reading...
bbc.co.uk
Business Daily
China's economy slows, New York targets AI centres, and the ‘king of fruits’ giveaway
bbc.co.uk
White House teleprompter operator accused of making $100k from Trump speech bets
A White House staffer has been accused of using inside knowledge of speeches to make nearly $100,000 on Kalshi.
theguardian.com
General Mills recalls 736,000 Pillsbury rolls over glass contamination fears
FDA notice warns of ‘potential foreign material’ as recall covers two types of frozen bread roll doughGeneral Mills is recalling nearly 736,000 Pillsbury bread rolls over concerns they could contain glass, according to a notice issued by the US Food and Drug Administration earlier this week.The recall covers two frozen bread roll products: 3,080 cases of Hard Roll Dough, with 180 rolls in each case, totaling 554,400 rolls, and 1,260 cases of Kaiser Roll Dough, with 144 rolls per case, totaling 181,440 rolls. The FDA notice states the products may contain “potential foreign material (glass)”. Continue reading...
bbc.co.uk
Investigation into parking tickets for drivers queuing at petrol stations
It's part of a wider crackdown from the consumer regulator into potentially unfair practices by private parking operators.
theguardian.com
A priority for the next chancellor: boost the London stock market
Politicians need to see there’s something worth boosting. The current hollowing-out is not healthyAnother day, another takeover bid for a UK-listed company. In fact, Thursday saw three in one gulp. Bath-based Rotork, which makes safety valves for pipelines, is falling to Swiss group ABB for £4.1bn. Gooch & Housego, a specialist in precision optics for aerospace and defence, is being bought by a US investment firm for £346m. And Ramsdens, a financial services and pawnbroker firm, is also being taken over from the US for £230m.Individually, the deals represent splendid one-day news for the firms’ shareholders since the premiums on the pre-action share prices are 73%, 41% and 49%. Collectively, however, they are yet another depressing chapter in the tale of London’s incredible shrinking stock market. Continue reading...
theguardian.com
Thinktanks should rethink their funding models | Letters
Hylton Guthrie says the UK has a problem with opaque political funding, while Andy McWilliam wonders if the closure of the High Pay Centre presents Andy Burnham with an opportunityPolly Toynbee laments the decline in funding of various (mostly centre-left) thinktanks because the Aberdeen Group terminated its Financial Fairness Trust (This thinktank exposed fat cats and obscenely high pay. Guess what has happened to it?, 10 July). I suggest that the financial vulnerability of thinktanks being dependent on the largesse of profit-driven financial businesses like the Aberdeen Group is a weakness of their funding model. A point which is obvious without even considering the morals of Alistair Darling founding such a trust based on a demutualisation, which just underlines the tokenism at the heart of such a model of funding.In contrast, in Germany, the state funding of political parties is accompanied by state funding for party political foundations – each party has its own foundation funded on the basis of the size of its vote share. Continue reading...
theguardian.com
Trump made $1.4bn from crypto in one year. Is Justin Sun the man who helped him do it?
The entrepreneur is known in Washington as the financial power behind the president’s crypto fortune. How did Sun’s business love-in with the Trump family spiral into dueling lawsuits?The most infamous financial scandal in US presidential history – the 1920s Teapot Dome affair – involved then president Warren G Harding’s interior secretary, Albert Fall, taking roughly $400,000 in bribes. Adjusted for inflation, that’s about $6m today. Last year, Donald Trump made at least $2.2bn; his single year of income is on the order of 200 to 300 times larger than the bribe that defined “presidential corruption” in the American imagination for a century.It’s taken for granted that Trump flogs items like Bibles and gold sneakers as a way to wring more money from his loyal base. But of the president’s $2.2bn, at least $1.4bn came from his crypto businesses. That’s an extraordinary achievement, even for an unscrupulous sitting president. How exactly did he do it without any prior background in crypto? Continue reading...
cnbc.com
Nvidia unveils new AI model and expands Japan’s physical AI ecosystem
Nvidia announces new AI model, Cosmos 3 Edge, and expansion of its physical AI ecosystems in Japan.
theguardian.com
How green is Andy Burnham? Britain’s next PM faces tough climate decisions
Heatwaves, high energy prices, calls for reindustrialisation and North Sea drilling are all high on the to-do listWildfires cast a pall of smoke this week over Greater Manchester, whose former mayor Andy Burnham stands on the threshold of No 10. Amid three UK heatwaves so far this year, which have killed thousands of people in England and Wales, damaged harvests and left children crying in classrooms, the new prime minister’s plans for the climate crisis remain as shrouded as his city.“Burnham has been very quiet about the climate [crisis] so far,” says Chris Venables, an environmental campaigner and fellow at the Green Alliance thinktank. “I don’t think [it] is at the forefront of his mind, but that does not mean he will water down this agenda.” Continue reading...
theguardian.com
Mahmood v Miliband: who will Burnham choose for chancellor? – podcast
Andy Burnham will become prime minister of the UK on Monday. But he has yet to reveal any cabinet picks, and rumours suggest he still hasn’t chosen a chancellor. What do we actually know about his plans for governing? Pippa Crerar and Kiran Stacey chat about the new PM’s options and the likely issues on the top of his in-trayYou can read Dan Boffey’s profile of Andy Burnham herePlease keep sending your comments and questions to Pippa and Kiran at politicsweeklyuk@theguardian.comYou can watch Pippa’s interview with Volodymyr Zelensky on our Politics Weekly YouTube channel here Continue reading...
bbc.co.uk
British Steel taken into public ownership to protect 'vital' UK supply
The Scunthorpe steelworks has been officially nationalised under new government powers passed this week.
bbc.co.uk
Aer Lingus proposes cutting 500 jobs under savings plan
The company proposes cutting 290 roles in its head office, along with 140 cabin roles and 70 pilots.
bbc.co.uk
TikTok faces Ofcom investigation over child age checks
It follows a review by the regulator in May that criticised the platform for not being "safe enough" for children.
bbc.co.uk
Chip giant TSMC pledges another $100bn to expand US production
The company says it will create "high-tech, high-paying jobs", and raises its total commitment to the US to $265bn.
cnbc.com
Catching up in the AI race? India gets its second AI unicorn in a month
Two Indian AI startups have become unicorns in a month, which has raised hopes that the country could shed its reputation as an AI laggard.
theguardian.com
The secret lives of flight attendants: ‘British passengers always drink like they’ve never drunk before’
Lewd propositions, drunken tirades, groping, grumbling and grubby behaviour – cabin crew have to experience it all, at altitude. They open up about the horrors they’ve seen from passengers and colleaguesLast week, right at the start of this year’s holiday season, a 30-year-old drunk British holidaymaker tried to kiss a male flight attendant on a plane, spent a week in Mallorca presumably thinking his actions were consequence-free, and was then arrested on his way back through Palma airport. In February, Jet2 banned two passengers from the airline for life after a mid-air brawl on a flight from Turkey to Manchester, and last week BA had to cancel a flight back from Barbados, because (some) members of the crew were still too drunk from the hotel bar to operate it. There’s a connection between these incidents, and it’s not just as flight attendant Thomas, 27, puts it: “Well, drunk Brits – you know how that goes”.The term “air rage” was coined in the 90s, but the behaviour it describes went through the roof post-Covid. In 2021, the number of reported incidents in the US was greater than in the previous three decades combined. A new category of misdemeanour had appeared – mask non-compliance. Continue reading...
bbc.co.uk
UK economy returns to growth in May
The modest growth reverses a slight contraction that had been seen the previous month.
cnbc.com
TSMC to invest additional $100 billion in Arizona after second-quarter profit soars 77%
TSMC announced a second-quarter profit, following its June revenue figures released earlier this week.
theguardian.com
Burnham must learn from Starmer’s mistakes: Labour was elected to transform the economy, not just stabilise it | Jonathan Portes
Devolution, tax, the EU and immigration: these are all opportunities for growth if Burnham abandons the excessive caution of the past few yearsThe economic inheritance Andy Burnham will receive from Keir Starmer and Rachel Reeves is not, in any meaningful way, a crisis. That is worth saying, because the comparison is not with some imagined social-democratic Eden. It is with the Britain Labour inherited after austerity, Brexit, the inflation shock and the Truss episode – a country in which economic policy had too often alternated between drift, denial and irresponsibility. Restoring seriousness to fiscal and macroeconomic management is an achievement, and not one economists should dismiss.But it is also a limited achievement. Labour was not elected simply to demonstrate that it could avoid blowing up the gilt market, or so that ministers could once again speak in complete sentences about public finances. The question is whether Starmer and Reeves changed the trajectory of an economy that has, for more than a decade and a half, been characterised by weak productivity growth, falling relative living standards, deteriorating public services, excessive centralisation and a damaging loss of openness. On that test, the answer is less comfortable.Jonathan Portes is professor of economics and public policy at King’s College London and a former senior civil servant Continue reading...
bbc.co.uk
Celebrity influencers paid up to £1m to advertise deodorant on Instagram
The chief executive of Wild reveals what happens behind the scenes of social media posts.
theguardian.com
Why did Ryanair-Air Malta plane window blow out mid-air and could it happen again?
Passenger Ljubisa Karović was nearly sucked out of his seat when Boeing 737-800’s window blew out on flight from GreeceFor nervous flyers, it sounds like the stuff of nightmares; for most, only contemplated in an action movie. But last week, a passenger really was nearly sucked out through a broken aircraft window mid-flight.Ljubisa Karović was on a Ryanair-Air Malta flight leaving Thessaloniki in Greece when the adjacent window blew out of the Boeing 737-800, pulling his head and shoulders out of the plane. His wife and fellow passengers helped to keep him inside. Continue reading...
theguardian.com
‘It’s like home’: Brixton market traders fight to stop site being sold to big business
Campaign hopes to buy site for community, fearing it could go same route of corporate gentrification as Camden and Old SpitalfieldsTraders at Brixton market say they are in a battle of “people over profit” after submitting a last-minute plan to stop the site being bought by a private equity firm which they fear could price out longstanding independent businesses.Those behind the Buy Back Brixton campaign said they are through to the second stage of a bidding process, competing against multinational companies to buy Brixton Village and Market Row for community ownership. Continue reading...
theguardian.com
Revealed: Bucharest tourists hiring rentals that could collapse in an earthquake
Exclusive: More than 200 illegal holiday properties found in buildings at the highest level of seismic riskTourists in the Romanian capital, Bucharest, are staying in illegal accommodation listed on Airbnb and Booking.com in buildings considered so seismically vulnerable they could collapse in the event of a major earthquake, according to exclusive data shared with the Guardian.Analysis of data collected by Re:Rise, a Romanian organisation working on seismic risk reduction, identified at least 207 illegal tourist rental properties advertised across the two platforms in Bucharest at the end of May, with a combined capacity to host more than 1,000 visitors each night. Continue reading...
theguardian.com
The Andy Burnham I know – podcast
Today in Focus hears from friends, colleagues and mentors of Andy Burnham to find out more about the man soon to be prime ministerOn Monday, Andy Burnham will become the UK prime minister.The former Greater Manchester mayor has faced neither a general election nor a Labour leadership contest to get there, leaving many to wonder: who is he and what does he stand for? Continue reading...
theguardian.com
Will the new AI roadmap keep the tech giants in line? | Fiona Katauskas
Or will they forge a path of their own?See more of Fiona Katauskas’s cartoons here Continue reading...
bbc.co.uk
Buffett calls Bill Gates relationship with Epstein 'distasteful'
The billionaire investor's firm has stopped giving donations to the Microsoft co-founder's charity.
bbc.co.uk
Salary information to be shown on job ads under new laws
The government argues the move would help jobseekers and could reduce pay discrimination claims.
bbc.co.uk
SpaceX share price drops below stock market debut
Share trading in Elon Musk’s rocket company has been volatile since it went public a month ago.
bbc.co.uk
Burnham faces crucial choice for chancellor as battle for No 11 continues
Whoever Burnham appoints to the key role will send a signal of his intent, writes Iain Watson.
bbc.co.uk
EasyJet passengers stuck on tarmac for hours when plane couldn't refuel
One passenger said she only got home at 06:00 after being stuck on the runway in the middle of the night.
bbc.co.uk
Brewdog co-founder James Watt launches bid to buy back beer firm
Watt says he has made an offer to buy back the craft beer business months after it was sold to a US company.
bbc.co.uk
Money Box
New regulations start for shoppers using Buy Now, Pay Later.
bbc.co.uk
Cash-strapped Thames Water poses big test for Burnham
Despite returning to profit after hiking bills 40%, the deeply troubled company is far from out of the woods.
bbc.co.uk
Don't panic - five ways to stop your kids' endless scrolling
Parenting experts share their tips on how to keep children's screen time under control.
theguardian.com
‘Please don’t lose another pound!’: Ozempic is upending the wedding dress industry
The ubiquity of GLP-1s is wreaking new havoc on bridal designers who must scramble to accommodate rapid weight lossIn bridal stores across the world, solicitous sales assistants are being trained to ask a new, blunt question: “Are you planning on losing a drastic amount of weight?”Wedding season’s new disruptor is semaglutide, now used by 10% of engaged couples, according to a survey by the wedding planning platform Zola. In the same survey, 42% of couples said the ubiquity of GLP-1s has made them feel they should “look a certain way” for their wedding. Continue reading...
cnbc.com
Why Europe is suddenly betting big on drones
Drones and autonomous systems are moving from niche battlefield tools to a core part of modern warfare.
theguardian.com
Heating oil customers to get up to £350 compensation for cancelled orders
Watchdog says about 1,700 people were affected during a price surge triggered by the Middle East crisisHeating oil customers whose deliveries were cancelled when the war in the Middle East caused a price surge are to receive compensation of up to £350 each following an investigation by the UK competition watchdog.As the crisis unfolded, the Competition and Markets Authority (CMA) said it was investigating heating oil suppliers after complaints that existing orders were being scrapped, with customers offered new deliveries at a significantly higher price. Continue reading...
theguardian.com
The scary rise of locksmith scams: ‘I was shut out with my baby – and charged £2,200 to get back in’
In the UK, these scams have become an epidemic, rising 147% between January and March, compared with the same time last year. Why are they suddenly so common? And what can you do if you’re charged thousands for a quick, easy job?Sarah was alone in her flat with her three-month-old baby when a man put a card machine in her face and demanded she pay £2,209. A few hours earlier Sarah, 30, had been for a walk with her daughter when it dawned on her that she had left her keys at home. She did what most people would do in the same situation: search Google for a nearby locksmith. “I had a screaming baby, so I needed someone to quickly let me in,” she says.Sarah came across a seemingly legitimate company, near the top of the search results, which was sponsored. The company’s website said prices started at £45 and claimed they had received “4,500-plus five-star reviews and counting”, so she called them. When the locksmith arrived, Sarah says, he “seemed pleasant and relatively quiet” at first. After examining her lock, however, he told her it was a high-security one and the only way to get inside was to drill it open. He broke his way in and changed the lock before delivering another blow: he had accidentally damaged the internal mechanism, which also needed replacing. After Sarah got inside and placed her baby on a changing mat, the locksmith told her the price: £2,209. Continue reading...
bbc.co.uk
Is tracking your food purchases good for your health?
Food tracking apps are popular, but are they a good way to make us eat a healthier diet?
bbc.co.uk
New era for Gibraltar with removal of 118-year-old border controls with Spain
It is hoped that free movement between the UK territory and Spain will provide an economic boost.
bbc.co.uk
Wealthy AI workers send San Francisco house prices soaring
The median cost of a home in the city is now $1.7m, a record high, according to the latest figures.
bbc.co.uk
Robots available for rent: But what can they do?
Robotics tech is changing fast, so for many it makes sense to rent a robot.
bbc.co.uk
AI is 'not smart' so what's next in artificial intelligence?
Leading AI researcher Yan LeCun has a start-up which is developing a more flexible AI system.
bbc.co.uk
Why is crucial tech vulnerable to the heat?
Energy grids and train services are among the vital services that are vulnerable to very hot weather.
bbc.co.uk
Why Gen Z are planning for life without a state pension
Many younger people do not believe the state pension will exist when they are older
bbc.co.uk
The legal fight to get equal pay for Germany's disabled workers
A test case is seeking the minimum wage for 300,000 disabled people who currently get paid less.
bbc.co.uk
Do you know your 'sweat score'? The rise of hydration tech
Hydration tracking gadgets are flooding the market but is it too much information?
bbc.co.uk
Is Germany looking again at coal-powered electricity?
It had planned to abandon the fuel, but the higher cost of natural gas may make it think again.
bbc.co.uk
The artificial ice pyramids saving India's mountain villages
Himalayan villages are creating artificial glaciers to guarantee water for their crops in the spring.
bbc.co.uk
'We had to get out of the way': The backlash over delivery robots
As the delivery vehicles increasing take to US streets, bans and protest groups are springing up.
bbc.co.uk
What is Helium-3 and could we get it from the moon?
Helium-3 is expensive and demand is forecast to soar, so some are planning to mine it on the moon.
bbc.co.uk
The furious dispute over what caused Air India flight 171 to crash
The final conclusions of the investigation have yet to be published, although more could become apparent in the coming days.
bbc.co.uk
How the High Street became a window on our political instability
High Streets have declined in recent years. What does this tell us about the UK?
bbc.co.uk
The £5 coffee that tells a story of global economic turmoil
Coffees at some city centre outlets now cost £5. It's a story of tariffs, the climate, Gen Z cultural tastes, and savvy coffee farmers playing the market, writes Faisal Islam
bbc.co.uk
The threat to summer holidays looming from jet fuel shortages
What impact might shortages have on our summer holidays - and what could be done about it?
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